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How is everyone getting on claiming back their bank charges??

279 replies

Biglips · 19/03/2007 10:42

as im going to my bank today to get a couple of statements from 4 years ago (when we moved into this house and our money was all over the place!)

anyway..ive came across a few websites for you to have a look

  1. comsumer action group

  2. money saving experts

  3. reclaim unfair charges

OP posts:
MellowMa · 12/04/2007 17:13

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quadrophenia · 12/04/2007 17:15

Mellowma, do you know the success rate for claims with nationwide at all?
we are claiming back rather a large amount and am waiting on a reply to our third letter, which we should receive by next monday, otherwise its court for us.

MellowMa · 12/04/2007 17:16

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lucyellensmum · 12/04/2007 17:53

thanks thats great, much appreciated but how do i know if unlawful charges have been made, surely i cant claim back everything?

lucyellensmum · 12/04/2007 17:56

sorry, am being a bit thick, i can really claim bank charges back? why ( i do remember hearing something in the news but thought it didnt apply to me)

cheekymonk · 12/04/2007 18:13

I am having a real battle with RBS. i am claiming for 3k. I started this properly in january and only received my 6 years staements despite sending right letter and fee etc 2 days after I had made a court claim which was 27th march!!!
They have until 17th april to respond but they have really dragged everything out and offered the most pathetic settlement of £394 earlier on!
I am nervous because we have been over our o/d limit alot and we now now bank with someone else too as a safeguard.
It has been stressful and I just hope we did win!!

mamatres · 12/04/2007 18:16

well last week, on the 4th i was supposed to have got an answer from barclays. but guess what? nothing! so i called them up, they were v apologetic, said they have been inundated (quel surprise!) blah blah blah and now they will let me know by 4th may. do i have to put up with this? are they just fobbing me off?
has anyone had any luck from similar exps with barclays?

also called hsbc on same day as waiting to hear from them too. dh got his money from them about 3 weeks ago and i';m sure my claim wasnt much long after his. but they are now saying they have another 2 weeks to reply. they were quite snooty actually. think i may have a bad rep with them tho as totally lost my rag over phone to them a couple of months ago when asking them to pay me back a £100 charge they put on the month after i had cleared my overdraft. i never swear at people or shout but i completely lost my temper and eventually she hung up!

dying to get this cash back. i am always skint and i have spent the money in my mind a hundred and one times!

Moomin · 13/04/2007 00:28

lucyellensmum- the charges are unlawful due to the follwing which I have cut and pasted from martin lewis's site moneysavingexpert.com. I got all of my info and letter templates from here as I found the other sites a bit harder to navigate. Here is the info about charges:

"Let?s be technical for a moment. The core rule is if there?s a breach of contact under English or Scottish law, any charge should not exceed the cost of the breach. In other words, banks can only impose charges which are in proportion to their costs.

Yet when you go beyond your overdraft limit, or have a cheque or direct debit payment bounce, the bank charges a penalty of £30 to £35 a time. Is a charge of this scale really proportionate? Remember it could simply be a charge for going a penny over the limit.

Importantly, the bank is actually fining you for going over the limit, and this fine is too high, hence under the law of penalties this is ?extravagant?. After all, it simply sends a computer-generated automatic letter with a franked stamp. In fact a recent report by BBC2's The Money Programme, got a group of former senior bank staff together and they estimated the real cost, even being generous to be only somewhere between £2.50 and £4.50.
When you look at all this together, bank charges are unlawful, and that means the bank did not have a right to take your money. Yet it did, and it did it automatically, thus you are entitled to get your cash back. "

Therefore, every time your bank has charged you for going over your agreed overdraft limit or they have charged you for a bounced cheque or direct debit, they have taken money from your account that is disproportionate to the money it cost them to do it. In your statements these charges will be called something like "Paid Referral". With my bank they started off at £20 a pop 6 years ago and have risen to £30 each time now.

Moomin · 13/04/2007 00:31

oh and mamatres - ignore Barclays' bleating about them being inundated - the cheek of them! Go by your timetable set in your letters. So if they have not replied to your satisfaction within the 14 days you have given them, issue the next letter and the next date you want action. 4th May is unacceptable, imo. Don't talk on the phone for this, send the next letter with a clear deadline for action on it. Their fault if they don't respond in time. Otherwise you'll be hanging on for eons. I'm with barclays too and so far they have stuck to my timetable even though they've tried to give me dates 6 weeks hence each time. Ignore them!

MellowMa · 13/04/2007 08:29

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MellowMa · 13/04/2007 08:30

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TwirlyN · 13/04/2007 08:45

Top of the morning to you mellowma and others. >>>>>>>>>>>>>> I got me money back>>>>>>>>>>>>>>>yippee

mamatres · 13/04/2007 08:53

moomin- so what kind of thing do i need to write now to barclays? any ideas? i HATE any kind of confrontation tbh and am getting worried about having to issue summons (plus i dont know how to do it). wish someone could hold my hand and do it with me!!!!!!

mamatres · 13/04/2007 08:54

WELL DONE TWIRLY! YAY! enjoy your cash m'girl so that someones is sorted when mine so clearly isnt!

MellowMa · 13/04/2007 08:59

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MellowMa · 13/04/2007 09:00

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TwirlyN · 13/04/2007 09:01

mamatres how many letters have you sent? and have you looked at moneysaving.com yet

TwirlyN · 13/04/2007 09:04

oh and just for information, I started the process in January, it has taken exactly 3 months to the day, for my money to come back.

saltire · 13/04/2007 09:11

I'm quite keen to do this, but what worries me is this
I want to claim on my own accoutn with bank of Scotland. To give you an example, i have 2 BOS current accounts, a joint one with DH and one in my name which the child benefit goes into. Twice in the past 24 months, I have used the wrong card by mistake and BoS have authorised debit card payments of £197 and £224 on MY account, making it well over drawn (on the same day the joint account card was refused at a pertol station as it was 2p overdrawn). So I want to claim back charges, but I'm worried they will close the both My own account and the joint one. This could prove difficult as DH is in the miltary and they have recently switched to a different pay system. Several people we know who have changed their bank accounts since it was introduced have had problems, some haven't received their money and in one case one person's whole months wages got "lost" in the system,obviously I don't want to have the accounts closed. Would they close both account s do you think?

MellowMa · 13/04/2007 09:12

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MellowMa · 13/04/2007 09:13

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TwirlyN · 13/04/2007 09:15

oaky dokey!

Biglips · 13/04/2007 09:17

rcvd a letter from Halifax yesterday and they advsd me that it usually takes 8 weeks to investigate and responds to complaints. If for any reason, tehy are unable to respond fully within the the next 4 weeks, they will write to me with updates - MY ARSE!!!!

OP posts:
Moomin · 13/04/2007 09:21

GO onto moneysaving expert and it takes you through all of the stages. It has happened on occasion that banks have closed customers' accounts who have started off their claims, so Martyn Lewis recommends you have a'parachute' account open ready - this just means open another account with a different bank just in case worst comes to the worst. This is possible, but not that common.

THe letters you need to write are all on templates on the site; I found it really straightforward. I'm at the stage where I've written 2 lots of letters (I've got 2 accounts with Barstards Bank); they offered me some money to settle but I've decided to contitnue with the claim. I'm also a bit nervous about taking it to court but I keep telling myself that they really don't care about me personally; all the scary letters issued are done via a computer and are designed to initmidate people. Therefore, I am issuing my letters as if I'm a faceless computer and I'm trying hard to treat each of the stages as if I were dealing with a matter at work and not get stressed about it. Keep remembering that they depend on people being scared by the banks and their officious letters and lots of people have been put off in the past - not any more!

Do read the advice from Martyn Lewis on his site; it makes a lot of sense and it was that which totally convinced me to do it. And of course you'll have the support of everyone here on MN, who are all at different stages of their claims, and that helps enormously too.

MellowMa · 13/04/2007 09:23

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